Market Forecast by Countries (United States, Canada), By Material Types (Plastic, Wood, Metal, Other), By Applications (Residential, Commercial) And Competitive Landscape
Product Code: ETC059242 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America Furniture market is anticipated to register growth driven by improving residential construction market in countries. Furthermore, a rise in the number of single households is also increasing the demand for home furniture products. The rising awareness of consumer on the environment and rapid growth in green home construction is to increase interest in Eco-Friendly Furniture.
According to 6Wresearch, North America Furniture Market size is projected to witness substantial growth during 2021-27. The COVID-19 has caused a lot of damage to the industries but even during the crisis furniture industries are trying to innovate to keep up the growth. However, the spread of COVID-19 declines the growth because of a slowdown in the economy. Industries have also started identifying an increase in consumer preference for multifunctional and customized furniture. Currently, housing construction in the US is gaining momentum. The increasing residential activity in the country which increases the demand for home furniture products. Online purchase of furniture is growing rapidly due to the convenience and comfort of logistics and shipping of furniture items to their doorstep.
The Residential sector witnessed the maximum growth because of growth in the construction sector and an increasing number of house units which include both multi-family and single-family. Wooden furniture is the most common in North America, due to the high manufacturing output of wooden products as compared to other materials. America is one of the countries with more forest covers, and thus, the availability of wood for furniture making is high in the country.
Online purchase of furniture is growing rapidly in North America. Many retailers have been investing heavily in their online presence and securing most of the market share on online sales of home furniture products such as living room furniture, bedroom furniture, and kitchen furniture products.
The North America furniture market report thoroughly covers the market by material type, by end-users and by countries including the United States and Canada. The North America furniture market outlook report provides an unbiased and detailed analysis of the on-going North America furniture market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The Market report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Furniture Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Furniture Market Revenues & Volume, 2020 & 2027F |
3.3 North America Furniture Market - Industry Life Cycle |
3.4 North America Furniture Market - Porter's Five Forces |
3.5 North America Furniture Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 North America Furniture Market Revenues & Volume Share, By Material Types, 2020 & 2027F |
3.7 North America Furniture Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 North America Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Furniture Market Trends |
6 United States Furniture Market, 2017 - 2027 |
6.1 United States Furniture Market, Revenues & Volume, By Material Types, 2017 - 2027 |
6.2 United States Furniture Market, Revenues & Volume, By Applications, 2017 - 2027 |
7 Canada Furniture Market, 2017 - 2027 |
7.1 Canada Furniture Market, Revenues & Volume, By Material Types, 2017 - 2027 |
7.2 Canada Furniture Market, Revenues & Volume, By Applications, 2017 - 2027 |
8 North America Furniture Market Key Performance Indicators |
9 North America Furniture Market - Opportunity Assessment |
9.1 North America Furniture Market Opportunity Assessment, By Countries, 2020 & 2027F |
9.2 North America Furniture Market Opportunity Assessment, By Material Types, 2020 & 2027F |
9.3 North America Furniture Market Opportunity Assessment, By Applications, 2020 & 2027F |
10 North America Furniture Market - Competitive Landscape |
10.1 North America Furniture Market Revenue Share, By Companies, 2020 |
10.2 North America Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |